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Bloomberg (January 5, 2012)

2012/ 01/ 05 by jd in Global News

“The vanguard of a looming demographic shift” is beginning in China. In 2009, there were already 178 million Chinese over 60. By 2050, “that figure could reach 437 million—one third of the population.” Caring for them is expected to place an increasing burden on the state. This graying of the population resembles Japan, but brings a much larger challenge: “China will grow old before it gets rich.”

 

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